LOVINGTON GOOD SAMARITAN HOUSING I… - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2000

Legal Domicile

Principal Officer

NATHAN SCHEMA

Phone

6053331000

Tax Period

2021-01-01 to 2021-12-31

LOVINGTON GOOD SAMARITAN HOUSING INC, founded in 2000, is a small nonprofit in the Housing & Shelter sector that reported $536K in total revenue in fiscal year 2021. Revenue surged 141% from the prior year, signaling strong growth momentum. The organization ran a surplus of $343K, a strong 64% operating margin.

Mission

TO PROVIDE LOW INCOME HOUSING FOR ELDERLY AND DISABLED PERSONS.

Program Service Accomplishments

Program 1

Expenses: $168,824 Revenue: $225,490

TO PROVIDE LOW INCOME HOUSING FOR ELDERLY AND DISABLED PERSONS. 8,383 RESIDENT DAYS IN 2021.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $225,490

Investment Income $310,833

Other Revenue $0

TOTAL REVENUE $536,323

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $168,824

Other Expenses $193,521

TOTAL EXPENSES $193,521

Year-over-Year Comparison

	2021	2020	Change
Revenue	$536,323	$222,509	+1.4%
Expenses	$193,521	$262,076	-0.3%
Net Income	$342,802	$-39,567	-9.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

Employees

N/A

Volunteers

N/A

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$8,438,787

Total Directors

$1,473,774

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BILL MARLETTE	TREASURER UNTIL DEC 2021	0.02	Officer	$0	$13,341	$2,193,681
BILL MARLETTE	SEE SCH J, PART III, LINES 4A-4B	0.02	Officer	$0	$0	$4,817,032
CHAD JUNGMAN	SECRETARY	0.02	Officer	$0	$57,270	$522,148
ERIC VANDEN HULL	VP; DIRECTOR; TREAS BEG DEC 2021	0.02	Officer Director	$0	$33,209	$493,129
THOMAS A SYVERSON	DIRECTOR	0.02	Director	$0	$40,289	$426,360
NATHAN SCHEMA	PRESIDENT; CHAIRPERSON	0.02	Officer Director	$0	$43,937	$412,797
SHANE KNUTSON	DIRECTOR	0.02	Director	$0	$35,102	$141,488

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2021	$536,323	$193,521	$197,205	$342,802
2020	$222,509	$262,076	$1,123,199	$-39,567
2019	$221,768	$219,911	$1,160,226	$1,857
2018	$213,432	$218,453	$1,207,272	$-5,021

LOVINGTON GOOD SAMARITAN HOUSING INC